ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of Singapore Market Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI.
3. 13 Period +DI crosses under -DI.
4. Volume trade > 100,000 shares

One important thing to note is I am using freely available stock price information for computing the ADX indicator. The price information is not adjusted for stock dividends and split.

Links
Singapore RSI Scanner
Singapore MACD Scanner
Singapore Trend Analysis
Singapore Trading System

Wednesday, October 15, 2008

Scan 15 Oct 08

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BEST WORLD INTERNATIONAL LTDLong15-Oct-080.2527000037.454032
MIDAS HLDGS LIMITEDLong15-Oct-080.39612100034.123329
JUNMA TYRE CORD COMPANY LTDShort15-Oct-080.05549000069.652179
SIA ENGINEERING CO LTDShort15-Oct-082.2352900036.52729
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)